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Australian dollar plummets - what does this mean for the economy?

Published 3 January 2025, 8:28 am
The Aussie dollar is nearing its lowest levels against the greenback since the early days of the COVID pandemic when it plunged to a low of 57.5 US cents. Experts say a sustained downturn could mean good news for some parts of the economy, while threatening others and potentially spurring inflation.
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